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Last Updated: Tue, Feb 24 2015 | 3:05 PM |
Kuwait's Zain seeks to repatriate $280m from Sudan
Banking & Finance»

Kuwait's Zain seeks to repatriate $280m from Sudan

Tuesday, 24 February 2015 7:05 PM

Telecom operator has long faced difficulties changing revenue earned in Sudanese pounds into other currencies

Ooredoo Kuwait blames FX losses as Q4 profit is wiped out
Technology»

Ooredoo Kuwait blames FX losses as Q4 profit is wiped out

Monday, 23 February 2015 6:53 PM

Subsidiary of Qatari telco says restructuring costs in Tunisia also contribute to drop in Q4 net profit

1
Kuwait bank manager accused of embezzling $2.76m
Banking & Finance»

Kuwait bank manager accused of embezzling $2.76m

Monday, 23 February 2015 1:35 PM

Case is the second to come to light in Kuwait in the past week, after another bank manager was expatriated from Egypt

Kuwaiti gov't could lose $6bn in debts owed
Banking & Finance»

Kuwaiti gov't could lose $6bn in debts owed

Sunday, 22 February 2015 11:48 AM

State enterprises could be forced to wipe off $6bn in debts owed by civilians & businesses because they’ve reportedly been too slow to collect them within the statue to limitations

1
Kuwait's Investment Dar confident about debt-for-assets deal
Banking & Finance»

Kuwait's Investment Dar confident about debt-for-assets deal

Friday, 20 February 2015 9:49 AM

Firm which holds stake in luxury carmaker Aston Martin has secured about 60% support for the plan

Kuwait's Agility plans up to $100m Africa spend in 2015
Banking & Finance»

Kuwait's Agility plans up to $100m Africa spend in 2015

Friday, 20 February 2015 2:09 AM

Senior executive says Ghana, Mozambique, Angola and Nigeria among target investment markets

German e-commerce firm to buy Kuwait's Talabat for $169m
Retail»

German e-commerce firm to buy Kuwait's Talabat for $169m

Wednesday, 11 February 2015 1:18 PM

Rocket Internet agrees to purchase Kuwait-based food delivery service as part of major expansion plan

Kuwait's KFH rejects Investment Dar's debt-for-assets plan
Banking & Finance»

Kuwait's KFH rejects Investment Dar's debt-for-assets plan

Wednesday, 11 February 2015 1:18 PM

Kuwait Finance House says it will take all legal measures to collect the debt is is owed by Investment Dar

Kuwait Finance House Q4 net profit climbs 35.8%
Banking & Finance»

Kuwait Finance House Q4 net profit climbs 35.8%

Monday, 9 February 2015 11:42 AM

Gulf State's largest sharia-compliant bank by assets made a net profit for the quarter of $123.2m

Lists»

The 50 Richest Indians in the GCC 2015

Sunday, 8 February 2015 9:12 AM

Arabian Business counts down the wealthiest Indians living in the Middle East

1
Kuwait central bank chief denies illicit share trading
Banking & Finance»

Kuwait central bank chief denies illicit share trading

Thursday, 5 February 2015 3:05 PM

Mohammad al-Hashel speaks out after claims that securities regulator has refered him to prosecutors

Gulf states to give Egypt $10bn in deposits before March
Politics & Economics»

Gulf states to give Egypt $10bn in deposits before March

Wednesday, 4 February 2015 4:08 PM

Saudi Arabia, Kuwait and the UAE reportedly set to deliver financial boost to Egypt prior to investment conference.

Kuwait's NBK posts 46% rise in Q4 net profit
Banking & Finance»

Kuwait's NBK posts 46% rise in Q4 net profit

Tuesday, 20 January 2015 2:26 PM

National Bank of Kuwait says it made net profit of more than $197m in three months to Dec 31

Kuwait's Americana still in talks for sale, says shareholder
Banking & Finance»

Kuwait's Americana still in talks for sale, says shareholder

Thursday, 15 January 2015 2:20 PM

Statement is issued after reports suggested the sale was close to being put on hold as talks were faltering

Kuwait's Jazeera inks $507m deal to sell planes in major shake-up
Banking & Finance»

Kuwait's Jazeera inks $507m deal to sell planes in major shake-up

Thursday, 15 January 2015 2:19 PM

Sell-off is part of strategic shift for aviation company to divest from leasing business and focus on airline


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